Data on crude steel production by India during the last three years: Information by Ministry of Steel in Lok Sabha

Data on crude steel production by India during the last three years: Information by Ministry of Steel in Lok Sabha

New Delhi 17, July 2017: Data on crude steel production by India during the last three years i.e. 2014-15, 2015-16 and 2016-17 and April-May 2017-18 is given below:-

data-on-steel-production-paramnews-in-india

Data on finished steel production by India during the last three years i.e. 2014-15, 2015-16 and 2016-17 and April-May, 2017-18 is given below:-
data-on-steel-production-paramnews-in-india-last-years
Consumption of finished steel grew by 2.6% in 2016-17 whereas production grew by 8.5% over previous financial year. India was net exporter of steel in 2016-17 and thus production of finished steel was sufficient to meet its present demand in the country and also for exports.

Steel being a de-regulated sector, the role of Government is that of a facilitator only, which lays down the policy guidelines and establishes the institutional mechanism/structure for creating conducive environment for improving efficiency and performance of the steel sector. In this role, the Government has released the National Steel Policy 2017, which has laid down the broad roadmap for encouraging long-term growth for the Indian steel industry.

Quantity of finished steel exported during each of the said period – country wise is annexed herewith:

data-on-quantity-of-finished-steel-exported-paramnews-in-india-last-years

The Minister of State in the Ministry of Steel Shri Vishnu Deo Sai provided this information in reply to a question in Lok Sabha today.

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